'Recorded Payroll Transactions Are for the Amount of Time Actually

question 91

Multiple Choice

'Recorded payroll transactions are for the amount of time actually worked and at the proper pay rate; withholdings are properly calculated' relates to which transaction- related audit objective for payroll?

• A) Accuracy
• B) Existence
• C) Authorisation
• D) Completeness

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Definitions:

Small Round Holes

Tiny circular openings, typically created through drilling or punching in a material for various purposes.

Coordinate Tolerance

The allowable deviation from the true position specified for a feature in relation to a referenced coordinate system.

Positional Tolerance

A geometric dimensioning and tolerancing (GD&T) concept that specifies the allowable variation in the position of a feature relative to its ideal position.

Tolerance Zone

The permissible limit or limits of variation in a physical dimension or property.